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20121027
20121104
Search Results 0 to 6 of about 7 (some duplicates have been removed)
a recession. if mr. obama gets reelected and tre's a stalemate because he wins an electoral majority, electoral college majority and not electoral majority and stalemate with the republican house, we could see the stalemate cause the mother of all recessions, a recession we don't recover from and that we call in economics depression. melissa: you sa it would take two% away from gdp if tax cuts expire. we heard gdp is growing at 2%. that would take us to zero. a bunch of economists got together and say if you couple that with sequestration thing that would be 3.6 to 5.2% decline in gdp. that would be deep into negative territory, right? >> absolutely. and you must remember that if you're at 2% growth and get down to like a half, it is really not sustainable. melissa: no. >> because it is like a man riding on a bicycle. it is so slow he falls off. we're growing as slow as we can get away with without tumbling down. melissa: that 2% today that was better thaexpected is actually horrible because we continued at this rate, it would take usike, seven, eight, nine, years to add back jobs to
is that there is some arguments on both sides but i'm not very optimistic that if mr. obama's reelected much of this is going to get fixed. >> nariman, i give you the last word. do you agree with that? >> i have two disagreements. one that deleveraging continues if you look at things like household debt to disposable income numbers they keep going down. households are still deleveraging. the other issue we were ae to go rapidly in the '90s and 2000s and import a lot. i don't blame globalization or trade the fact we're growing slowly. no. i think we're deleveraging. i think that is big factor for households and banks. >> we agree to disagree. melissa: good for you. thanks for coming on, guys. we appreciate it. have a great weend. here to react to the october jobs report is phil angelides. he is obama surrogate, former head of the financial crisis inquiry commission. phil, welcome back to the show. >> good to be with you, melissa. melissa: go ahead and spin it for us. why is this a good report? >> let me start with something one of our guests was talking about. this was a trauma to the financi
of error, but mr. obama is with a slight lead with and that margin so the romney campaign has begun looking at expanding the battlefield where the playing field to make you will, by going after states like minnesota and michigan and pennsylvania, states that have been in the blue column for many, many weeks just as the polls tighten up in the debate nationwide, it was a battleground state that seems to have taken a little longer, but in those three states it's also a margin race. the romney campaign spending money trying to provide additional discussions to get to the 270 needed electoral college votes in order to win. very, very tight. confidence and optimism. when republicans will have to get to the polls come tuesday. neil: i know it's hard to hear there. i understand if you can't. are they concerned that maybe the storm to make it had been a helluva lot worse. obviously they mentioned the debts, the horrible stuff associated with the storm, but given the fact that the tents of the rallying around the president, and that appears to be the case right now, are they worried that at the very
rally in virginia governor romney said mr. obama doesn't understand business. while the obama campaign accuses governor romney of lurching false attacks and false attacks. here's breaking news. penn state former president has been charged in the cherries and dusky molestation scandal. he's accused of charges. the school's president for 16 years is the third officially to be accused of crimes in an alleged cover-up. those are your news headlines this hour on the fox business network. back to melissa and lori. lori: thank you so much. breaking news in the aftermath of sandy. con edison said ma it may take until next saturday or sunday, a week from this weekend november 10 or 11th restoring power to some customers. those served by underground networks in midtown and lower manhattan who lost power during the storm will have their service back by this saturday. lori: that affects me. melissa: come on over, we have plenty of room. lori: an unbelievable tragedy. this is the swath of damage and it is unbelievable. melissa: you can come on over, we're happy to have you. the dogs might have to s
the election ap has filed the catawba campaign donors. for president obama more than three million each from chicago media group founder and hedge fund manager and hollywood film producer. recognize mr. katzenberg. for governor romney the numbers are much higher led by sheldon adelson and $44 million followed by founder of conglomerate and head of huge real-estate empire. those are the numbers. dennis: let's get to the stock exchange. starts a 315 minutes. what a rally. nicole: what a rally. the dow agenda industrials remained to the upside, about 140 points. we are off of earlier highs but winning day on wall street. this as europe is closing so this is something we will watch and the volume dropping after europe closed so we will watch for that as well. we are seeing gains across the board like home depot and things that are related to the cleanup of sandy or the aftermath of sandy. those things are doing better. i want to look at names that is in the earnings front which is cigna. you see an up arrow hitting a 52 week high. membership growing and that certainly helps their profits. they b
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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